Thanks for your paper, which I just read through quickly.\u00a0\u00a0While I haven’t read it carefully, I wanted to give you some quick feedback.<\/p>\n
I don’t think I have any serious issues with what you’ve done.\u00a0\u00a0While I could quibble on details, most of it seems reasonable enough.\u00a0\u00a0I do think that you lose a lot of efficiency by not pooling the data across years (which gives a lot of imprecise estimates which wander around), but that may be a matter of taste.<\/p>\n
I think you misunderstand me in the large though.\u00a0\u00a0I’ve never taken my estimate of 1.2 literally, and I don’t recommend you do either.\u00a0\u00a0The point of the original paper was just to say that the effect is large, which I believe it is (and most of your analysis bolsters that claim).\u00a0\u00a0I found the tripling to be too large for intuition when I first wrote the paper, and all you’re really doing is agreeing with me.<\/p>\n
A few other things.\u00a0\u00a0I’ve regenerated data from scratch twice more since the original paper was written; once for my work with van Wincoop, and again for my paper with Glick.\u00a0\u00a0So while I readily admit to minor data errors (e.g., the New Zealand\/Netherlands issue), I’ve been trying to correct them.\u00a0\u00a0The stuff on language, I leave to others; I wasn’t aware that the CIA website could be so misleading; ditto with the WTO.\u00a0\u00a0More importantly, I’ve sort of given up on pure cross-sectional stuff, since I think that fixed-effects estimators are the way to go (that’s in my current work with Glick).<\/p>\n
Anyway, I enjoyed the paper, which was fun and well-written.\u00a0\u00a0Please continue to send me stuff —<\/p>\n","protected":false},"excerpt":{"rendered":"
Thanks for your paper, which I just read through quickly.\u00a0\u00a0While I haven’t read it carefully, I wanted to give you some quick feedback. I don’t think I have any serious issues with what you’ve done.\u00a0\u00a0While I could quibble on details, most of it seems reasonable enough.\u00a0\u00a0I do think that you lose a lot of efficiency […]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_oasis_is_in_workflow":0,"_oasis_original":0,"_oasis_task_priority":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-1953","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"acf":[],"yoast_head":"\n